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Labrador Resources Inc V.LTX

Labrador Resources Inc. is a resource exploration company focused on the acquisition and development of uranium and rare earth projects in Canada's Athabasca Basin and the development of an oil and gas property in the Atlee area of Alberta. It also has an agreement to acquire about 16 contiguous uranium exploration mineral claims covering 54,450 hectares in northern Saskatchewan. Located 60 kilometers southwest of the Key Lake Uranium mine and mill, these claims are situated within the uranium-rich Wollaston-Mudjatik Transition Zone (WMTZ), which hosts one of the highest-grade uranium deposits.


TSXV:LTX - Post by User

Bullboard Posts
Comment by ezemoneyon Jan 29, 2018 6:16pm
115 Views
Post# 27458457

RE:RE:Neews: Epic Dillution

RE:RE:Neews: Epic Dillution
captiveking wrote: How do you arrive at 50 million shares unless the warrants which would add over $1.5 plus, no?

Very observant captive.  What I always do is add a conservative warrant exercise.  I think I used 10% or so but the settlement dillution will end up putting the number way way over 50 MM.
50 Million is a conservative number for sure which is 50% of the current float.

Bullboard Posts